Page 30 - Stock Markets

World shares surge after 'encouraging' Russia-Ukraine peace talks

The difference between 2- and 10-year Treasury yields seems well on the way to turning negative for the first time since 2019 as well

Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

Markets likely to face volatility, global factors to be in focus: Analysts

Stock markets are likely to witness volatility this week amid monthly derivatives expiry, ongoing Russia-Ukraine conflict and high crude oil prices, analysts said. Geopolitical tensions and supply-side concerns would continue to dominate investor sentiment, they added. "This week, we will have March month F&O expiry that may provide a direction to this range-bound market. Global equity markets are also rebounding and showing some signs of stabilization, however, there are still uncertainties about the Russia-Ukraine issue that may continue to cause volatility in global markets. "Crude oil prices have again inched higher amid geopolitical issues and supply-side concerns and if it sees further strength then it could be a cause of concern for the Indian equity markets," said Santosh Meena, Head of Research, Swastika Investmart Ltd. According to market analysts, the scheduled monthly expiry of March month derivatives contracts would keep volatility high this week. "Participants will .

Tata Teleservices stock hits 5% upper circuit, rises over 1,200% in 1 year

Mumbai-based Tata Teleservices, a subsidiary of the Tata Group, deals in broadband, telecommunications and cloud services

Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh

CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards

Russian stock market, crushed by war, opens with big limits

Outside Russia, the reopening of stock trading on the Moscow Exchange has little impact, including on the vast majority of US investors' portfolios, said Leanna Devinney with Fidelity Investments

Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide

CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

Stocks to Watch: Zee Entertainment, Ruchi Soya, Zomato, ICICI Bank, Colgate

Shares of Zee Entertainment will be in focus as Invesco has decided not to pursue an extraordinary general meeting (EGM) to add six independent directors on Zee's board.

Russian stock market, crushed by Ukraine invasion, will partially reopen

Russia plans to reopen its stock market for limited trading on Thursday, nearly one month after shares plunged and the exchange was shut down following the invasion of Ukraine. There will be heavy restrictions on trading intended to prevent the kind of massive selloff that took place on Feb. 24 in anticipation of crushing financial and economic sanctions from Western nations. Trading will be allowed in 33 of the 50 companies that are part of the country's benchmark MOEX index, including air carrier Aeroflot, state-owned gas producer Gazprom and the oil company Rosneft, according to the central bank announcement about the reopening. Stocks last traded in Moscow on Feb. 25. A day earlier the MOEX sank 33% after Russian President Vladimir Putin ordered the invasion of Ukraine. When Moscow's market reopens, trading will be limited, and investors' true sentiment difficult to judge. The country has banned short-selling, in which investors essentially bet on stock prices to go down. And

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Worst phase of selling is over for Indian equities: Devarsh Vakil, HDFC Sec

Systematic investment plans (SIPs) are a great tool to build long-term wealth and investors should stick to them, says Vakil.

Market divided over interest rate outlook, tightening: Andrew Holland

The main worry for the markets remains a policy misstep by central banks in not tackling inflation or being too aggressive, leading to a sharp economic slowdown, says Andrew Holland

Sensex falls 305 pts, Nifty gives up 17,250; Paytm slides 4%, HDFC 2%

CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today

Sensex rebounds 1,059 pts from day's low, ends 697 pts up; RIL leaps 2.5%

CLOSING BELL: Tech M, Tata Motors, BPCL, ITC, JSW Steel, PowerGrid, Bajaj Auto, Infosys, TCS, Bajaj Finserv, Bharti Airtel, Wipro and IndusInd Bank were the other gainers

Anaplan to go private in $9.65 bn deal with Thoma Bravo, shares jump

With pandemic-led lockdowns accelerating digital transformations across enterprises, demand for cloud has jumped

Greaves Cotton rises 6%; rallies 15% in two days on heavy volumes

The company and Bounce Infinity have entered into an arrangement to provide battery swapping stations for Greaves Electric Vehicles.

Indices take US Federal Reserve rate hike in stride to rise for second day

Experts also said the sharp bounce in China's market is favourable for global equities

Sensex soars 1,047 pts, Nifty tops 17,250; HDFC jumps 5.5%, Paytm drops 6%

CLOSING BELL: JSW Steel, Titan Company, SBI Life, RIL, Kotak Bank, Tata Consumer Products, Tata Steel, Nestle India, and Eicher Motors were the other notable gainers

Nxtdigital surges 17% as board approves merger of Hinduja Leyland Finance

The merger will enable the shareholders of NDL to participate in and bolster the growth plans of HLFL thereby creating value for shareholders, the company said.